The advantage of Buyer Representation for new construction purchase

By
Real Estate Sales Representative with Berkshire Hathaway HomeServices Toronto Realty

 

Here are some frequently asked questions on new construction purchase by buyers. First time new construction buyers are unaware that sometimes walking into a Builder's sales centre is like entering the wolves' den. Sales representatives working for the builder do not look after the buyer's best interest.

 

 

Why should you hire a realtor for buying pre-construction and new construction from a builder?

We are a team of real estate professionals who has special access to the best construction projects and newly completed condos. Out clients are offered top suite selections before the units are release to the public, best pricing and incentives. 

 

What do all the sales launch terminology mean? VIP Sales, VVIP Sales, Broker's Event, Platinum Member Sales, One Day Preview etc...

To the buyers, all these terms mean they are agent access only. Platinum sales status usually are granted to top selling agents only. Every Builder has their own set of rules and restrictions with each sales launch.They usually receive information well before the VIP agents, and is able to offer their clients preferential pricing at first sales. Our team are Platinum power producing agents, and is able to extend that privilage to our clients to get them the best suites at the best price. 

How can buyers get access to these sales and be kept in the loop of new launches?

For Buyers looking to purchase into pre-construction or new construction homes and condos in Toronto, they need to connect with an agent who has special access to the development. Our team of agents have access to most downtown Toronto pre-construction sales.

 

What is the process of working with us

Our team has extensive experience with new construction transactions and the expertise to offer the best advice to buyers on what to look out for when making a purchase from a Toronto Builder, from pre-purchase to the time you obtain your keys. Buyers need an experienced realtor to in new construction to explain closing adjustments, builder's closing costs, interim occupancy fees, reserve fund contribution at interim occupancy, tarion warranty etc. 

 

Contact our team for a pre-contruction purchase walk through to understand what the process involves. We'd love to help!

 

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Contact me to find out more about Toronto Design-focused Real Estate Solutions for your needs.

 

Anne Lok, Real Estate Broker

Berkshire Hathaway HomeServices Toronto Realty Inc. Brokerage

287 Davenport Road Unit 1
Toronto ON M5R 1J9

direct: 416-799-9632

office: 416-504-6133 

 

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